Chicago's camera vendors issued 5,009,831 red light camera tickets worth $520,289,186 since 2003. Redflex pocketed $126 million from this amount, only to be swept up in an ongoing federal bribery investigation. Xerox was called in to replace Redflex

I now pronounce you in decades of debt. Student loans have hit a record high of $1.2 trillion, putting a crimp in The American Dream of owning a home and starting a family. And it's affecting the broader economy too.

With the sun still rising and a chilly ocean wind rolling in, Mayor Don Guardian hops on his bike for his regular morning ride, steering down the boardwalk toward the ruins of his city's once mighty gambling empire.

It didn't get much attention outside Capitol Hill, but late last week House Republican leaders scuttled a vote to repeal an ObamaCare bailout plan for major heath insurance companies if they lose money on new Affordable Care Act policies.

But to a few Wall Street financiers, a lawsuit that accuses the government of shortchanging the American International Group in its 2008 bailout is something else: a promising investment in a cause they support.

The 48-year-old Scalise (R-La.) learned on the fly as he ushered through a short-term spending bill that included authorization of President Obama's plan to train moderate Syrian forces to combat the Islamic State terrorist group.

Say hello to the next financial crisis, brought to you courtesy of the dumbest new bill of the week: H.R. 5148: Access to Affordable Mortgages Act. Ordinarily whenever an individual wants to borrow money for a mortgage,

(oh and hasn't the Senator seen stocks?) he adds - rather ominously, "they're crazy out there and they're rapidly developing a method of blowing up a major U.S. city and people just can't believe that's happening."

The "recovery" news in Spain keeps piling up. Via translation from El Economista, Government has already taken 37% of the total 'pensions piggy bank'. If extractions continue at the current rate, the fund would be exhausted in 4 years.

As of close of business on July 31, 2014, our debt has risen to $17,618,599,653,160.19. That crippling level of debt is itself astonishing but equally astonishing is $7 trillion of that debt has been added in just the Obama Administration.